Russ Mould of A J Bell considers what might happen to gold. How safe is it riding such a volatile bull? Gold, after all, generates no income. The price appears to be responding to a loss of central bank control, galloping debt and stubborn inflation, as well as central bank buying after US sanctions on Russia. The run may have gone far enough but investors who are interested should remember the importance of being diversified. Russ points out that silver and platinum are still very cheap relative to gold while oil is at relative multi-year lows. Mining stocks tend to lag the metal. Russ mentions a few but thinks broad mining ETFs could be more sensible.

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